Monday, April 27, 2009

BUY NOW AT PULLBACK DO NOT BE AFRAID

Indonesia stock exchange chart

Stock is still in BULLISH position, but you maybe feels afraid!! Looks picture carefully and looks The Fibonacci line if you bought any stock when Indonesia Stock Exchange (IHSG) price at 1461 you must set cut loss when IHSG price reach 1509. If move below it, could be worse for your portfolio!! The Fibonacci line like support line!!!

But don not be afraid looks the volume getting tight right??? And Momentum 200 line still in good position!!! While Candlestick moves below MA30 you must sell all your portfolio, because IHSG can slumped again!!!

As I saying now, its pullback time you can buy when IHSG candlestick at 50% - 61.8%, or it reach near 61,8%. You can buy starts tomorrow!!

Stock that you can Buy:

ANTM (Aneka Tambang) 1250-1280

SGRO (Sampoerna Agro) 1394-1535

BUMI (Bumi Resources) 1150-1200

INCO (International Nickel) 2800-2900

TINS (Timah Tbk) 1270

Technical analysis!!

1. Moving Average 30, 40 and 60 already crossed up by candlestick but MA line getting side ways!!!

2. GOLDEN CROSSS, GOLDEN CROSSS, what is that check here!!! If MA30 crossing up MA40!!!

3. Looks The Fibonacci line you can buy when reach 61,8%!! Fibonacci indicate support line, DANGER IF BELOW 50%!!!

4. Commodity Channel Index moves above 100 lines since Three weeks ago!! Watch its already go down below 100 aka profit taking!!!

5. Relative Strength Index still above 70% that’s still BULLISH!!!

6. THE MOST IMPORTANT THINK IS MOMENTUM200 LINE!!!

If Momentum200 line still above momentumMA200 line that’s still INDICATE BULLISH POSITION, 90% TRULY HAPPEN TRUST ME EASY RIGHT HAHAHAHA!!

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